PBF Energy Inc. (NYSE:PBF – Get Free Report) insider Control Empresarial De Capital sold 600,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $44.43, for a total transaction of $26,658,000.00. Following the transaction, the insider owned 24,096,898 shares in the company, valued at $1,070,625,178.14. The trade was a 2.43% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.
Control Empresarial De Capital also recently made the following trade(s):
- On Monday, March 16th, Control Empresarial De Capital sold 49,200 shares of PBF Energy stock. The stock was sold at an average price of $44.29, for a total transaction of $2,179,068.00.
- On Friday, March 13th, Control Empresarial De Capital sold 380,000 shares of PBF Energy stock. The stock was sold at an average price of $43.30, for a total transaction of $16,454,000.00.
- On Thursday, March 12th, Control Empresarial De Capital sold 265,000 shares of PBF Energy stock. The shares were sold at an average price of $43.55, for a total transaction of $11,540,750.00.
- On Wednesday, March 11th, Control Empresarial De Capital sold 838,000 shares of PBF Energy stock. The shares were sold at an average price of $41.91, for a total value of $35,120,580.00.
- On Tuesday, March 10th, Control Empresarial De Capital sold 22,000 shares of PBF Energy stock. The stock was sold at an average price of $40.08, for a total value of $881,760.00.
- On Thursday, March 5th, Control Empresarial De Capital sold 205,000 shares of PBF Energy stock. The stock was sold at an average price of $46.57, for a total value of $9,546,850.00.
- On Wednesday, March 4th, Control Empresarial De Capital sold 903,100 shares of PBF Energy stock. The stock was sold at an average price of $42.62, for a total value of $38,490,122.00.
- On Tuesday, March 3rd, Control Empresarial De Capital sold 99,000 shares of PBF Energy stock. The shares were sold at an average price of $40.33, for a total value of $3,992,670.00.
- On Monday, March 2nd, Control Empresarial De Capital sold 120,000 shares of PBF Energy stock. The shares were sold at an average price of $38.33, for a total value of $4,599,600.00.
- On Tuesday, February 24th, Control Empresarial De Capital sold 250,000 shares of PBF Energy stock. The stock was sold at an average price of $34.91, for a total value of $8,727,500.00.
PBF Energy Trading Up 5.8%
Shares of NYSE:PBF opened at $47.12 on Thursday. The company has a quick ratio of 0.51, a current ratio of 1.21 and a debt-to-equity ratio of 0.40. PBF Energy Inc. has a 52-week low of $13.61 and a 52-week high of $47.18. The stock has a market cap of $5.51 billion, a price-to-earnings ratio of -32.06, a PEG ratio of 4.74 and a beta of 0.41. The business has a 50-day moving average price of $35.88 and a 200-day moving average price of $32.86.
PBF Energy Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 11th. Stockholders of record on Wednesday, February 25th were issued a $0.275 dividend. This represents a $1.10 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend was Wednesday, February 25th. PBF Energy’s dividend payout ratio is -74.83%.
PBF Energy News Summary
Here are the key news stories impacting PBF Energy this week:
- Positive Sentiment: Refining-margin tailwinds and Martinez restart progress — Market indicators for gasoline/diesel crack spreads have strengthened in March, boosting near‑term profitability expectations for independent refiners like PBF; plus renewed confidence that the Martinez, CA rebuild/restart is advancing toward targeted operating rates, removing a major operational overhang. PBF Energy jumps as refining-margin tailwinds and Martinez restart progress come back into focus
- Positive Sentiment: Goldman/Quant coverage highlights sector upside — Recent commentary/quant ratings singled out refiners including PBF as beneficiaries of tighter jet/diesel markets, which supports bullish positioning by quant-driven investors. This can amplify momentum when cracks widen. Goldman: Oil market shock hits jet fuel, diesel harder; PBF, Par Pacific rated strong buy by Quant ratings
- Positive Sentiment: Mizuho raised its price target — Mizuho increased its PBF target to $45 (neutral rating), which narrows downside concerns and may support buy-side interest after the recent volatility. Benzinga
- Neutral Sentiment: Zacks notes PBF’s momentum characteristics — A style-score/momentum write-up highlights technical and momentum metrics that can attract short‑term traders, supporting volume-driven moves but not necessarily long-term fundamental change. Here’s Why PBF Energy (PBF) is a Strong Momentum Stock
- Neutral Sentiment: CEO 2025 pay disclosure — A DEF14A-based estimate shows CEO Matthew Lucey’s 2025 compensation declined ~12% vs. 2024; governance/comp metrics can interest some investors but are unlikely to be the primary driver of the move. PBF Energy Inc. ($PBF) President and CEO 2025 Pay Revealed
- Negative Sentiment: Large insider selling by control shareholder — Control Empresarial De Capital disclosed sales (including a 600,000‑share sale reported Mar 17 at ~$44.43), continuing a pattern of recent insider liquidations; heavy insider selling can be interpreted as a negative governance/conviction signal and may cap upside if it persists. SEC Form 4 — Control Empresarial De Capital sale
Wall Street Analyst Weigh In
A number of research analysts recently issued reports on the stock. BMO Capital Markets restated a “market perform” rating and set a $34.00 target price on shares of PBF Energy in a research report on Monday, January 5th. Wolfe Research downgraded PBF Energy from a “peer perform” rating to an “underperform” rating and set a $23.00 price target on the stock. in a research report on Monday, December 8th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of PBF Energy in a report on Monday, December 29th. Tudor Pickering raised PBF Energy from a “strong sell” rating to a “hold” rating in a report on Friday, February 13th. Finally, The Goldman Sachs Group increased their target price on PBF Energy from $33.00 to $41.00 and gave the company a “neutral” rating in a research report on Thursday, March 12th. Two analysts have rated the stock with a Buy rating, eight have given a Hold rating and five have given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Reduce” and an average target price of $31.69.
View Our Latest Stock Report on PBF Energy
Institutional Investors Weigh In On PBF Energy
Several large investors have recently bought and sold shares of the company. Goldman Sachs Group Inc. boosted its stake in shares of PBF Energy by 127.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 6,327,255 shares of the oil and gas company’s stock worth $171,595,000 after acquiring an additional 3,550,820 shares during the last quarter. State Street Corp increased its position in shares of PBF Energy by 1.3% during the fourth quarter. State Street Corp now owns 4,854,750 shares of the oil and gas company’s stock worth $131,661,000 after purchasing an additional 60,294 shares in the last quarter. Invesco Ltd. raised its stake in PBF Energy by 147.4% in the 3rd quarter. Invesco Ltd. now owns 2,772,258 shares of the oil and gas company’s stock valued at $83,639,000 after purchasing an additional 1,651,516 shares during the last quarter. AQR Capital Management LLC raised its stake in PBF Energy by 20.1% in the 3rd quarter. AQR Capital Management LLC now owns 2,503,283 shares of the oil and gas company’s stock valued at $75,524,000 after purchasing an additional 418,223 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD lifted its holdings in PBF Energy by 16.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,400,702 shares of the oil and gas company’s stock valued at $65,108,000 after purchasing an additional 331,404 shares in the last quarter. 96.29% of the stock is currently owned by hedge funds and other institutional investors.
PBF Energy Company Profile
PBF Energy, Inc is an independent petroleum refiner organized in 2008 and headquartered in Parsippany, New Jersey. The company began trading on the New York Stock Exchange in July 2012 under the ticker symbol PBF. Since its formation, PBF Energy has grown through acquisitions and operational optimization, positioning itself as a leading supplier of refined petroleum products in the United States.
The company owns and operates five refineries located along the U.S. Gulf Coast, East Coast and in the Pacific Northwest, with a combined crude oil processing capacity of approximately 900,000 barrels per day.
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